Choice Hotels Launches Exchange Offer To Acquire Wyndham Hotels & Resorts

Choice Hotels International Q3 Net Profit Down 12%

Choice Hotels International, Inc. (CHH) announced on Wednesday that net income for the third quarter declined to $103.08 million or $1.85 per share from $116.66 million or $2.08 per share in the prior-year quarter.

RTTNews | 980 days ago

Japan Stock Market Poised To Snap Losing Streak

The Japanese stock market has moved lower in three straight sessions, sinking more than 360 points or 0.9 percent in that span. The Nikkei 225 now sits just beneath the 39,570-point plateau although it's likely to stop the bleeding on Tuesday. The global forecast for the Asian markets offers little clarity as traders figure to wait and see what transpires over trade and tariff talks. The European markets were down and the U.S. bourses were slightly higher and the Asian markets figure to split the difference. The Nikkei finished modestly lower on Monday as losses from the financial and technology stocks were mitigated by support from the automobile producers. For the day, the index shed110.06 points or 0.28 percent to finish at 39,459.62 after trading between 39,288.90 and 39,608.02. Among the actives, Nissan Motor accelerated 3.61 percent, while Mazda Motor rose 0.39 percent, Toyota Motor advanced 0.94 percent, Honda Motor improved 0.86 percent, Softbank Group stumbled 3.12 percent, Mizuho Financial sank 0.71 percent, Sumitomo Mitsui Financial fell 0.33 percent, Mitsubishi Electric eased 0.03 percent, Sony Group slipped 0.31 percent, Panasonic Holdings dropped 0.83 percent and Hitachi climbed 1.21 percent.

RTTNews | 7 minutes ago

Additional Upside Seen For South Korea Stock Market

The South Korea stock market bounced higher again on Monday, one session after ending the four-day winning streak in which it had rallied more than 130 points or 4.1 percent. Now at a four-year closing high, the KOSPI sits just above the 3,200-point plateau and it may tick higher again on Tuesday. The global forecast for the Asian markets offers little clarity as traders figure to wait and see what transpires over trade and tariff talks. The European markets were down and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.

RTTNews | 22 minutes ago

China GDP Data Due On Tuesday

China will release a batch of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q2 numbers for gross domestic product and June figures for industrial production, retail sales, fixed asset investment and unemployment.

RTTNews | 1h 22min ago

Canadian Dollar Strengthens Amid Risk Appetite

The Canadian dollar advanced against its most major counterparts in the New York session on Monday, as investors shrugged off tariff threats from President Donald Trump over the weekend.

RTTNews | 2h 19min ago

Swiss Market Settles Slightly Up After Lackluster Session

The Switzerland market, which remained in the red save for a brief while at the fag end of the day's session, settled with a small gain on Monday. The mood in the market was very cautious as trade war fears escalated after U.S. President Donald Trump announced over the weekend that he would impose a 30% tariff on EU imports from August 1.

RTTNews | 5h 32min ago

European Stocks Close Mostly Lower

Despite staging a recovery in late afternoon trades, European markets mostly ended on a weak note on Monday as worries about global trade escalated after U.S. President Donald Trump announced over the weekend that he would levy a 50% tariff on EU imports from August 1.

RTTNews | 5h 51min ago

Bay Street Likely To Open On Mixed Note

Canadian shares may open on a mixed note Monday morning, tracking a weak lead from European markets and firm commodity prices. The mood is likely to be cautious as investors await Canadian inflation data for the month of June on Tuesday.

RTTNews | 11h 4min ago

EURUSD	1.16607	GBPUSD	1.34213	AUDUSD	0.65412
USDJPY	147.878	USDCAD	1.37076	USDCHF	0.7981

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Choice Hotels Launches Exchange Offer To Acquire Wyndham Hotels & Resorts